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Ukraine’s Naftogaz company demands USD 26,6 bln from Russian Gazprom
17:23, 2 August 2016
Ukraine’s Naftogaz company demands USD 26,6 bln from Russian Gazprom

Stockholm arbitrary court might announce verdict in the case in late 2016 or early 2017

17:23, 2 August 2016

news-front.info

The total sum of the demand of the relief by Ukraine’s largest state-run enterprise Nafotgaz makes almost 27 billion U.S. dollars. The Russian side’s relief sought makes approximately 39 billion, the press service of Naftogaz reports.

‘The hearings in both proceedings will be held in autumn’, reads the message.

Nafotgaz expects that the Stockholm arbitrary court might announce verdict in the case in late 2016 or the next year already.

As is known, Ukraine and Russia are head-to-head in the gas price dispute since 2009. Both sides accuse each other of breaching the conditions of two contracts – the first one being the buy-sell contract, and the second one being the transit contract.    

Related: Ukraine increased its bid for gas imports from Slovakia to almost maximum

Related: Ukrainian gas transportation to be connected to Romanian GTS

Related: Groysman, Sefcovic agree to work on increasing Ukraine’s gas transit potential

Related: The biggest importers of gas to Ukraine are announced

Related: Gazprom unveiled gas price for Ukraine

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